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The fishermen were dissatisfied with the Exxon Valdez Oil Spill Trustee’s Council’s refusal to fund research efforts into the spill's effects on the fish. The blockade lasted three days, from August 20 to August 22. The blockade ended when Secretary of the Interior, Bruce Babbitt, promised funding for salmon and herring research. Findings ...
The Exxon Valdez oil spill was a major environmental disaster that occurred in Alaska's Prince William Sound on March 24, 1989. The spill occurred when Exxon Valdez, an oil supertanker owned by Exxon Shipping Company, bound for Long Beach, California, struck Prince William Sound's Bligh Reef, 6 mi (9.7 km) west of Tatitlek, Alaska at 12:04 a.m.
Exxon Valdez was an oil tanker that gained notoriety after running aground in Prince William Sound, spilling her cargo of crude oil into the sea. On 24 March 1989, while owned by the former Exxon Shipping Company, captained by Joseph Hazelwood and First Mate James Kunkel, [3] and bound for Long Beach, California, the vessel ran aground on the Bligh Reef, resulting in the second largest oil ...
Exxon Shipping Co. v. Baker, 554 U.S. 471 (2008), was a case decided by the Supreme Court of the United States.The Court ruled in a 5-3 decision that the punitive damages awarded to the victims of the Exxon Valdez oil spill should be reduced from $2.5 billion to $500 million.
Exxon later removed the name "Exxon" from its tanker shipping subsidiary, which it renamed "SeaRiver Maritime". The renamed subsidiary, though wholly Exxon-controlled, has a separate corporate charter and board of directors, and the former Exxon Valdez is now the SeaRiver Mediterranean. The renamed tanker is legally owned by a small, stand ...
HOUSTON (Reuters) -Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in ...
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The fund was created in 1986, but use of the fund was not authorized until the Oil Pollution Act's passage in 1990. [12] The funds may be called upon to cover the cost of federal, tribal, state, and claimant oil spill removal actions and damage assessments as well as unpaid liability and damages claims.